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After the Sprint-Nextel merger, the company maintained an executive headquarters in Reston, Virginia and operational headquarters in Overland Park, Kansas. Sprint CEO Dan Hesse recognized that having two headquarters was not helping the merger effort, sent the wrong message to employees and contributed to the post-merger cultural clash.
Nextel was headquartered in Reston, Virginia, United States. [2] At the time of its 2005 merger with Sprint Corp., Nextel had over twenty million subscribers in the United States and served 198 of the top 200 markets. Nextel Communications, Inc. offered postpaid services under the Nextel brand and prepaid services under the Boost Mobile brand.
The merger of Sprint Nextel and SoftBank is now complete, and the new company formed by that merger will be headed by current Sprint Nextel CEO Dan Hesse, both companies announced today. Hesse ...
Together with Nextel Communications' CEO, Tim Donahue, Forsee merged the two companies in 2005 and spun off its land line business to Embarq in 2006. The merger was intended to bring together two strong brands, Sprint in consumer cellular and Nextel in business cellular, but the so-called "synergies" expected from the merger never materialized.
The merger agreement between Sprint Nextel and Japan's SoftBank has been amended to include an additional $4.5 billion in cash consideration to Sprint shareholders, bringing that total to $16.64 ...
Sprint Nextel (S) shares battled back Tuesday after being pummeled by AT&T's surprise $39 billion T-Mobile merger announcement the day before. While the nation's No. 3 carrier doesn't have a sexy ...
Before the Sprint merger, Craig McCaw was the largest shareholder of the company with a majority of the shares. [20] On May 7, 2008, Clearwire and Sprint Nextel's wireless broadband unit Xohm announced their intent to merge, combining Sprint's 4G WiMAX network (Xohm) with Clearwire's
The Securities and Exchange Commission has signed off on SoftBank's paperwork regarding its proposal to buy a substantial portion of Sprint Nextel , SoftBank announced yesterday. This means Sprint ...